Key Highlights
- The rail freight market encompasses the transportation of goods by rail. This involves the movement of freight from one point to another, and the revenues generated from such transportation are included in this market.
- The global rail freight sector recorded revenues of $278.40 billion in 2024, representing a compound negative annual growth rate (CAGR) of 0.1% between 2019 and 2024.
- Sector consumption volume increased with a CAGR of 1.4% between 2019 and 2024, reaching a total of 11.78 trillion FTK in 2024.
- In 2024, the revenue of the global rail freight sector grew by 0.9% annually, fueled by rapid economic development and industrial activities, particularly automotive manufacturing and construction. According to the publisher, the Asia-Pacific construction industry grew by 2.4% in 2024, marking a recovery from a 1.1% decline in 2023.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the rail freight market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global rail freight market
- Leading company profiles reveal details of key rail freight market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global rail freight market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Global rail freight market by value in 2024?
- What will be the size of the Global rail freight market in 2029?
- What factors are affecting the strength of competition in the Global rail freight market?
- How has the market performed over the last five years?
- Who are the top competitors in the global's rail freight market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Burlington Northern Santa Fe LLC
- Union Pacific Corp
- Deutsche Bahn AG
- China National Railway Group Co Ltd